Audit Committee Meeting - August 13, 2026

The Audit Committee meeting of ABOE TV held on August 13, 2026, focused primarily on internal audit activities, budget updates, and oversight of corrective action plans. A significant discussion centered on a request for an independent, evidence-based review of the Student Success Funding (SSF) model to ensure transparency and proper allocation of taxpayer dollars, particularly in light of a $100 million deficit. The committee reviewed the internal audit project plan, including completed and ongoing audits, and discussed the status of follow-up remediation audits, noting some delays due to staffing challenges. The committee also examined the use of a Power BI tool to track corrective action plans and emphasized the need for regular updates and improved oversight. Additionally, updates were provided on ethics hotline investigations and non-audit activities related to ERP implementation. The meeting concluded with a motion to enter executive session to discuss nonpublic matters, followed by adjournment.